Despite rating agency Crisil’s forecast that the National Highways Authority of India awarding may slow down to 5,000 km annually over the current fiscal and the next, the government-owned agency is confident of meeting its project awarding target of 6,500 km this year, an official said.
The authority also remained confident of achieving its goal of constructing 5,000 km of national highways during the current fiscal, NHAI chairperson Alka Upadhyaya said.
Crisil in its latest report said, “NHAI awarding may slow down to 5,000 km annually over this fiscal and the next, after a sequential rise from merely 2,222 km in fiscal 2019 to 6,306 km in fiscal 2022.”
